Vice President Xie Wei looks likely to be promoted at the Shanghai lender, sources tell Caixin

As economic ties between Singapore and China deepen, a growing number of Chinese banks, insurers and fintech firms are using the city-state as a jumping-off point to expand further into the region

The investigation is possibly linked to a fund business connected to Mu Shi’s wife

Former senior executives at two commercial banks have been fined and warned in an effort to hold them accountable for subordinates’ wrongdoing